RHI Magnesita India Limited
ICICI Prudential Mutual Fund trimmed its stake in RHI Magnesita India from 3.10% to 2.38%, selling 14,75,666 shares.
A manufacturer of special refractory products, systems and services for the steel industry in India and globally. The company produces high-quality refractories designed for steelmaking processes and serves major steel producers across domestic and international markets. It holds a leading position in India's special refractories segment and is known for delivering products that meet international quality standards.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.